Retail, Hospitality and Leisure Relief

During the Autumn Statement, 17 November 2022, the Chancellor announced a discount at a rate of 75% for all occupied retail, hospitality and leisure properties for financial year 2023/24, subject to a cash cap of £110,000 per business.

This discount was extended to financial year 2024/2025 during the Autumn Statement 22 November 2023. 

The discount is administered under the local discount powers contained in Section 47 of the Local Government Finance Act 1988.

Criteria

  • 75% relief, subject to a maximum £110,000 cash cap per business.

Please note that this relief will cease at the end of the 2024/2025 financial year.

Eligibility criteria

To be eligible for this discount for this discount the following qualifying criteria must be met:

  • The premises must be occupied
  • The premises must be used wholly or mainly as:
    • a shop, restaurant, café, drinking establishment, cinema or live music venue;
    • for assembly and leisure; or
    • a hotel, guest or boarding premises, or self-catering accommodation
  • The eligible ratepayer must not have refused the discount.
  • Subsidy Control limits

Ratepayers that occupy more than one property may be entitled to each of their eligible properties, subject to the appropriate cash cap.

For more information

Apply

Business rates - retail, hospitality and leisure relief 2023-24 and 2024-25

Apply for Business rates - retail, hospitality and leisure relief 2023-24 and 2024-25